NOT LISTED FOR SALE

508 Main St Walden, CO 80480

Estimated Value: $484,034

-- Bed
-- Bath
2,200 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $350,000 $159 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,982/month

410 Days on Market

Highlights

  • City View
  • Cooling Available
  • Forced Air Heating System
  • No HOA
  • Accessible Approach with Ramp
  • Ceiling Fan

About This Home

As of May 2020

Great opportunity in North Park to own your own restaurant. This rare centrally located offering of real estate and successful business is ready for the taking. With a 6% profit margin this restaurant is thriving and primed for a new owner! Sale includes building, equipment, inventory and real estate. Many other thriving businesses in the area, but this is the only local restaurant available for sale!

Last Agent to Sell the Property

Jaime Sessions

Silver Sage Real Estate Listed on: 02/15/2019

Last Buyer's Agent

Jaime Sessions

Silver Sage Real Estate Listed on: 02/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,986

Year Built

  • Built in 1967

Lot Details

  • 7,500 Sq Ft Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • Ceiling Fan
  • City Views

Parking

  • Alley Access
  • Paved Parking

Accessible Home Design

  • Accessible Approach with Ramp
  • Low Pile Carpeting

Schools

  • Walden Elementary School
  • North Park Middle School
  • North Park High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, taxes, insurance
  • Assessor Parcel Number 2100446800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,986

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Business Type: Retail, Retail-Downtown, Retail-Community
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: None
  • New Construction: No
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2200
  • Special Features: None

Interior Features

  • Private Spa: No
  • Accessibility Features: Accessible Approach with Ramp, Low Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Metal
  • Lot Features: Fire Hydrant within 500 Feet
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Foundation Details: Slab
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access, Paved

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Mountain Parks
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Green Building Features: Storage on Site
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town of Walden
  • Gas Company: Natural Gas, Town of Walden

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Walden
  • HighSchool: North Park
  • Junior High Dist: North Park R-1
  • Middle Or Junior School: North Park

Lot Info

  • Zoning: Comm
  • Lot Size Sq Ft: 7500
  • Parcel #: 2100446800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer, Taxes, Insurance

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2019
Closed on
May 21, 2020
Sold by
Moosecreek Llc
Bought by
508 Main Llc
Seller's Agent
Jaime Sessions
Silver Sage Real Estate
Buyer's Agent
Jaime Sessions
Silver Sage Real Estate
List Price
$649,500
Sold Price
$350,000
Premium/Discount to List
-$299,500
-46.11%
Current Estimated Value
$484,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,034
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
May 26, 2015
Sold by
Horizon Management Llc
Bought by
Moosecreek Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,393
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 2, 2006
Sold by
Huibregtse Deanna G and Huibregtse Deanna
Bought by
Horizon Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,404
Interest Rate
6.66%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
508 Main Llc $350,000 Heritage Title
Moosecreek Llc -- Stewart Title
Horizon Management Llc $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moosecreek Llc $99,393
Previous Owner Horizon Management Llc $115,404
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2020 08/19/20 Off Market $350,000 -- --
05/21/2020 05/21/20 Sold $350,000 0.0% $159 / Sq Ft
02/15/2020 02/15/20 Off Market $350,000 -- --
09/06/2019 09/06/19 Price Changed $645,000 -0.7% $293 / Sq Ft
02/15/2019 02/15/19 For Sale $649,500 -- $295 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,986 $86,590 $13,392 $73,198
2023 $4,986 $86,590 $0 $0
2022 $5,838 $101,251 $13,050 $88,201
2021 $5,765 $101,251 $13,050 $88,201
2020 $3,359 $55,680 $6,380 $49,300
2019 $3,278 $55,680 $6,380 $49,300
2018 $3,285 $54,426 $5,126 $49,300
2017 $3,310 $54,426 $5,126 $49,300
2016 $3,298 $54,426 $5,126 $49,300
2015 $3,159 $54,426 $5,126 $49,300
2014 $3,159 $54,426 $5,126 $49,300
2011 $3,050 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 872475

IRES MLS

APN: 2100446800